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of commerce for international trade. always a pleasure to see him. thanks for coming in. >> thank you, david. david: what do you think about all the reports about the china slowdown? >> it is true china is growing less than its peak rate but will still be a very healthy at 7%. the important point, david, if the economy is growing at 7%, consumer spending is growing probably at 30% or so. david: when i hear numbers, as much as you deal with the chinese government you have to be skeptical of these numbers when you hear them, right? >> i think it is very hard to get precision in these numbers but we know there is a lot of good news in the consumer space when yum announces it opened its 4,000th kfc restaurant in china. when starbucks says china will be the second largest market after u.s. when great companies like pepsi and nike are hitting 30% growth rates we know there is a lot of good news in the consumer products sector in china. david: we do know that good news but there is also other news coming out. of course federal express telegraphed that a couple weeks ago when fred smith came out. fe
>> commerce, education, and the -- what's the third one there? oops. >> tonight we take you behind the scenes. >> see if they can do this flash. >> we'll show you what they don't like to talk about. >> so lying is okay in politics? >> what's behind winning the presidency? ♪ >> when it to say winning the presidency, i'd like to think that the choices about whose ideas are better, but when you talk to people behind the scenes they talk about moments. >> there are a series of moments. that's what matters. >> remember the scream? howard dean led john kerry in early polls, but then after a loss he tried to rally the troops. >> we're going to california, and texas, and new york! >> the room was noisy. and people in the room said, this sounded like a normal rally. >> and then we're going to washington, d.c. to take back the white house! yay! >> but because dean's microphone picked up only dean's voice, the tv broadcast made him sound crazy. >> yay! >> that unfairly may have killed his campaign. even images can matter more than issues. this video is said to have hurt john kerry. this is
venues. get away from the rallies and talk to, you know, the cincinnati chamber of commerce. he should be -- lou: excuse me? wait a minute, brad, with all do respect, that would be an electric moment in electoral history if he were to move to the chamber of commerce. i respect the judgment mightily, but that one -- >> he needs to speak to serious people at serious venues to talk policy. you don't get that across at a rally or across to the people in a 30 second sound bite. lou: the polls, do they agree on the strengths and weaknesses? do they reveal that? you talk about the seriousness of a moment in which it's captured for free media, but the reality is that there are strengths and weaknesses, it seems, at work here, otherwise, there would be, i suppose, an outright tie between the two. chris, are there stengths that are being revealed here? weaknesses revealed on all of the polls? >> yeah, here's something to keep very much in mind. here's how the electorat looks different in 2008 and 2010 -- lou: i want to be clear, not for the elective, but for the strengths and weaknesses of the t
the hispanic chamber of commerce in l.a. it's his latest attempt to tap into an estimated 12 million latino voters expected to turn out in the election. the romney team hit the road this morning around the same time a less than flattering politico story hit the presses. they asked where is the bain capital romney touted so much on the trail? the romney camp calls it silly process stuff. here at "the cycle" we call it perfect fodder for the spin, right? >> yes. >> first, kudos to politico, because this campaign is notoriously hard to access if you're a journalist not named fox news. politico brought us the most comprehensive look inside the inner workings of the north end, which i preached, even though it was painful to read as a conservative. second, i have a message for my conservative colleagues who seem to be engaging in this circular firing squad. calm down. let's chill out a little bit. this is not the end of the party as we know it. we will not be shutting down the party if romney does not win. and a couple bad weeks on the campaign trail, first of all, are sort of parse and parcel of
of regulations, many more could follow. business groups like chairman ber of commerce are try -- chamber of commerce are trying to warn voters about it, is it trtoo late, after this. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. zon, hands down. i'm going to show you guys another chart. pretty obvious. i don't think color matters. pretty obvious. what'sretty obvious about it ? that verizon has the coverage. verin. verizon. we're going to go to another chart. it doesn't really matter how you present it. it doesn't matter how you present it. verizon. more 4g lte coverage than all other networks combined. >> he in
business. here's the latest. >> that's right. facebook is making its first move into e-commerce. facebook gifts for the first time allows users to buy its first real products on the service, allowing users to buy gifts. facebook gives users the ability to take advantage of millions of users' birthday wishes. users can send gifts privately or publicly, and people receiving gifts can unwrap a virtual preview and open the real gift in person a few days later. this is designed to be easy, make it easy for users to spend money. users can pay right away or add payment details later. facebook does take a cut of all transactions. investors have been on lookout for facebook's crucial move into the revenue stream since the company acquired a mobile gifting app called karma back in may. the fact this is a native mobile appoints to the fact facebook is looking for new ways to make money from its growing mobile user base. though this is a test, maria, once people start inputting their credit cards into facebook, the potential for social commerce seems huge. back over to you. >> thank you, julia. resea
,000. she was later appointed secretary of commerce. in 2008, fund-raiser steve spinner also raised $500,000. he pushed for a loan for the now bankrupt solyndra company, a loan never repaid. when we found spinner being honored again in charlotte, he went out an exit. the democrat party official block our cameras and followed. yet another fund-raiser here this week, chicago stockbroker, raj fernando was named to the advisory board but resigned shortly after abc news asked about his qualifications to be on the board. it was not something fernando wanted to talk about this week. >> this is abc news -- >> reporter: and we were ordered to stop asking questions of fernando, leave the hotel or face arrest. >> you'll be arrested. >> reporter: i'll be arrested for asking questions of this man? the democrats like to say they're different than republicans, more open about the money, but in fact, like the republican, democrats continue to keep secret the names of some of our biggest donors to outside advocacy groups, the head of those of super funds tells me he does just as karl rove does. >> and yo
was an anemic 1.7%, but today, the commerce department put out a new estimate showing us it was even less than that, just 1.3%. and this is what caught our attention in the report-- the government said half of the downward revision can be blamed on the drought. it's destroying crops, including the corn in this field le roy, illinois. and on the land clayton arnold has been farming in walker, missouri, for 40 years. a new report today on the drought says it continues to get 5%rse. it now covers 65.5% of the lower 21.5and in 21.5% of that area, the area you see in red, the drought is extreme or exceptional. so we asked anthony mason to dig further into the impact the rtought is having on our economy. t reporter: 90 miles southwest of dallas, in aquilla, texas, the drought has cut back ronnie gerik's cotton crop severely this year. f> it impacted not just myself but all the ag industry. >> reporter: in fact, the government now says the drought is slowing the entire economy, costing the country $12 billion in the spring. >> farmers don't have money to spend. they're not going to spend it, you kno
with the commerce you might talk about the range of $50 billion. but in fact, the number is much smaller roads and bridges. but it seems that is all we talk about something the government does less off -- less of more of a grandiose scheme. >> because then we have a heartwarming stories that is one small productive part it was about one out of 1,000 shots of a productive use to think a fraction of the money going to the intended purpose. one hell of a price to pay. >> legislating to the one out of 1,000. you can provide for who has a pre-existing condition. there are better ways out there. but to interfere with their buddies consumption or insurance plan with the insurance mandate, you have to have the particular kind. to do that it seems it is the world turned upside down neil: thank you. our editor from washington. >> his crime from north america. >> of the crisis that is a crisis for us. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, adv
. lonely, there was a career fair focusing on veterans put on by the u.s. chamber of commerce and we made sure that we were there. this from the experience, i know that veterans tend to do well in our careers. usually it is just a matter of letting them know all the different opportunities that are out there. giving us a chance to get them into our interviewing process. neil: i know you remind folks given the discipline and organization of the veterans in general, that they are of interest to employers because they are very loyal. for another thing, they worked their butts off. is that message getting through? >> i think that it is. i think in our career, especially having daily disciplines, it serves them very well and the financial services field. they have a sense of service. they join the military to protect the country and they serve the nation. now, in our field, they really serve our communities. one family, one business at a time. we find that just that reliability, that discipline, that willingness to serve others, it always serves them really well and serves our policy is part o
have the head of the chamber of commerce and special guests next. ashley: today's winners and losers. ashley: commodities beat equities, bonds and the u.s. dollar public its second consecutive month the longest streak in the year. will the trend continue into september. sandra smith joins us with today's trade. sandra: that is the big question. where's the money going to go the rest of the year? commodities last couple months, is the money going to go into the car for the last two month? >> we will see a rally in commodities especially greens. they have the seasonal cycle will back and traders think a lot of quantitative easing there is no audit on the fed or anything so people think there's money going into the market. sandra: weaker u.s. dollar and higher commodity prices. oil 115 by the end of the year and $9, are these practical forecasts in your opinion? >> on the grain side it is. the job is turning through that hitting an all-time low but as far as oil, 115 is aggressive and you won't see that number without quantitative easing 3. >> precious-metals are heating up. gold has be
. construction spending fell in july from june by the largest amount in a year. according to the commerce department spending slipped 0.9%. you as automakers with strong sales in august. sales for general motors of 10% on year over year basis. ford rebounded with sales up 13% compared to year ago. chrysler topped estimates as sales rose 14% from last year marking that company's best august sales in five years. that is the latest from the fox business network giving you the power to prosper. [ male announ] what if you had thermal night-vision goggles, like in a special opsission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. serve >> will be a big week for europe. market's closing up and ashley webster has the details. >> it promises
with the consequences. ashley: right over the top. and facebook is getting into the e-commerce business. allowing you to send real gifts to your virtual friends but the question is, will it be a gift for company shareholders? we'll be asking an analyst. tracy: don't get that virtual stuff. anyway, top of the hour. time for stocks as we do every 15 minutes. nicole petallides on the floor of the new york stock exchange. nicole, we were just talking about it. spain kind of helping us back again today, huh? >> that's right. when we talk about spain again, spain again and that sometimes hits our markets but today we'll say it's spain again but in this case it is good news that the bank stress tests came in better-than-expected. they weren't as bad as they could have been. of course there are still banks that need to raise more capital and such but overall, it was pretty good news. so what you saw was that the dow came up off the lows. it almost hit that unchanged line. it was down over 100 points. we're looking at longer term charts here. this is a one-month chart. for the one-month we're up almost 3%. fo
have always said that change takes more than one term. lou: but can we afford another term? commerce department today revising real second-quarter gdp growth down to an anemic 1.3%. down from the previous of 1.7%. it is the lowest reported growth rate since the third quarter of last year. bad news in the manufacturing sector as well. orders for durable goods plunged more than 13% in august. since the month president obama took office, much worse than economists had feared. alan krueger writing that we are making progress and the last thing we should do, said this economist, is returned to the economic policies that failed us in the past. his predecessor in the white house, austan goolsbee had predicted earlier this year that economic growth is your own 10 year would be a big obstacle to the president's reelection. >> i would say if the economy is growing 3% or above, the presidents would have major headwinds. he will be facing trouble for it. lou: recent polls show incredibly that the romney campaign has been unable to capitalize on the president's economic policy failure. >> we will
, the commerce department says that people are spending more and that's good news. and many of us are spending more at the gas pump. because of the higher gas prices, people are selling out more to fill our cars and what does it mean for our economy? jonathan hoenig from capitalist pig hedge fund and cashin' in. >> great to be with you. >> kelly: a mixed bag, on one hand the consumer spent more in august, but most went to pay gas prices a he we talked about and apparently the americans are not spending as much, what concerns about saving more and spending less. >> spending, consumption itself is not inherently a good sign. keep in mind, that was the justification for the stimulus that we spent. we want people spending more, that's gone down the drain. in actuality, consumption is the end of the productive cycle, the wealth is consumed and there's no more of it. we should be looking for any growth in the economy is some signs of production. people making more investments and hiring and that worries me, is that the long-term economic indicator. i'm not a hater. i want positive signs in the econ
. aspercreme. >>> some good housing news today. housing starts are up. according to the commerce department. construction of homes and apartments was up about 2.3%. you have to seasonally adjust to get the real number, about 750,000. single family housing starts alone were up 5.5% to about 535,000. what asks all this mean? the best pace since april 2010, which is why the national association of home builders reported that build confidence is really good. the best since 006. which brings me to tonight's number. 71%. despite that seemingly good news, we are still 71% below the housing start high, which was in january 2006, and despite the increase, multifamily start, apartment buildings, were down and building permits, which are a very good sign of future construction, were also down. also, many of the would be buyers reported difficulty qualifying for the loans and down payments banks require. bottom line, the fed can keep interest rates really low. seems to not be the major part of the problem. >>> 32-year-old deanna cook called dallas 911 begging for help as her ex-husband attacked her in
creation. norelco held near two-year highs. according to the commerce department, sales fell to a seasonally-adjusted annual rate of 373,000 which was below what economists were looking for, meanwhile, home prices jumped to their highest levels in more than five years. and greece's international lenders are at odds over how to solve the country's debt crisis. the imf has been pushing to restructure greek's debt owed to foreign creditors. e.u. leaders prefer to give greece more time to meet bailout goals. well, here we are at 30 minutes to go, actually, 20 minute toss go. of let's get a check on the markets with nicole petallides at the new york stock exchange. you've got one of today's top s&p 500 movers. what do you have? >> reporter: oh, yeah. taking a look at dean foods, right? i pulled it up nice and big for us. it's up a full five percentage points right now. dean foods clearly a winner on the s&p 500, and why is that? because they are confirming that they are scoring a potential sale of their morningstar dairy operations. as a result, you see that being a winner. a lot
. the three big boys, staples, officemax, office depot made up the top 10 of online e-commerce companies. there was a big opportunity. liz: you say women. this is for kids and guys wouldn't mind a little color in the offices. look at these staplers. almost every product you guys have comes in a choice of 10 different colors. >> yes. liz: tell me about that. >> we started what we call the poppin palate. starts with 10 basic colors. same way you wan accessorize your home or accessorize your outfit we give folks tools to accessorize the places they work. whether a student, male, female, heading off to the university of tennessee, perhaps you want to outfit your desk with orange and white. liz: i get it. >> maybe started at sweet 'n low and want a pink stapler on your desk. a lot of choices to really express yourself. that is what the brand is about, personal expression in the workplace. liz: talk about companies already on board actually buying from you. chanel, pandora, they're buying office products from you. linkedin. there is theme here. fashion forward or very edgy, correct? >> fashion
size companies. to the local chambers of commerce as opposed to u.s., there is a cleaving underway. neil: what does that mean? >> we've been friends and have these conversations we come down to a conclusion that only thing that is good for the country is a vibrant middle class, the multinational corporations did not fully represent that vibrant middle class. neil: is that a fair rap? >> sure, where has job offshoring come from? the multinationals not the sme's. neil: you think this president, what he is doing is the right direction? >> i think the alternative to bainize this economy, which is what governor romney would have us do. neil: what is wrong with that? >> you can't fix that unemployment conundrum. neil: and the government can. >> we have reached a tipping point. no matter who is in charge will not be able to fix the structural breakage in this economy. there is an appropriate partnership, we may give or terms and specifics but no beard with a thoughtful mind could say that private sector alone would lift this economy back to where it belongs, there are certain government a
.s. hispanic chamber of commerce. the president has not just a commanding lead with latino voters but winning three out of four of the female vote along latinos. romney's problems begin with immigration but they don't end there, do they? >> no. he also doesn't talk about health care. when you talk about small business, small business purveyors are among them are latinos. when he spoke to the chamber and said he didn't believe in health care and the dream act and he went down the line. small business are the ones that are going to be taking advantage of a lot of the health care that obama was able to champion earlier. but then he also has this whole issue of immigration. he talked about dreamers but he talked about the dreamers as if only they should be eligible only if they're serving in the military. a large portion of folks believe that kids that are valedictorians should get a shot at the american dream. his etch-a-sketch plan is not working. >> to this point, steve, i'd like you to listen to an answer he gave mitt romney on immigration when asked about it in his telemundo interview. liste
attraction with latino vote voters, so essential to his campaign, spoke at the latino chamber of commerce in los angeles, and then later, that secretly recorded video of romney's remarks at a may 17th fund-raiser in boca raton, florida, that came out, included a reference, as you know, about his father being born of american parents in mexico. let's listen to that. >> had i been born of mexican parents, i'd have a better shot of winning this, but he was -- unfortunately, born of americans living in mexico. they lived there for a number of years and, i mean, i say that jokingly, but it would be helpful being latino. >> jose, what do you think? how will latinos view that when they do listen to it? >> it reminds me, richard, of the great cuban patriot jose marti, who said once, "if i weren't cuban, i certainly would have wished i were." but this is a different story, because this is mitt romney joking about the fact that he wishes that he could include in his resumÉ the fact that his parents were mexican american. >> right. >> and the fact of the matter is that when you have 50.5 million la
event, a speech to the hispanic chamber of commerce in california. that was it. on tuesday, his two events were both fund-raisers. they were closed to the public and those were in the great swing state of utah, followed by the great swing state of texas. okay, this is not what it looks like to campaign for president. these are not swing states. republican senator lindsey graham told reporters of mitt romney today, "he's a great guy, he should win this election, but being in utah is necessary to raise money, but he doesn't have to be there, in my view." senator graham continued, "i think what romney needs to do is get into virginia and run for sheriff. this is not rocket science." real clear politics covered mr. romney's mysteriously light schedule yesterday. they quoted a well-connected republican fund-raiser saying, "there's not really a campaign here. he's getting ready for the debates and he's out fund-raising. you've got enough money." real clear politics also notes that in the 19 days following the conclusion of the republican convention, mr. romney spent only 9 of those 19 day
of commerce, carlos gutierrez, who co-chairs mitt romney's hispanic steering committee. gentlemen, thanks very much for joining us. mayor villaraigosa, i will start with you. the president participating in a discussion today in the spanish language network univision, was pressed pretty hard byhe anchor, jorge ramos on why he didn't achieve comprehensive immigration reform in his first term. i want to play a little clip of that exchange and let you respond. listen to this. >> may 28th, 2008, we had a conversation in denver, colorado. you told me the following, and i want to quote you. what i can guarantee is that we will have in the first year an immigration bill that i strongly support. >> i confess i did not expect and so i'm happy to take responsibility for being naive here, is that republicans who had previously supported comprehensive immigration reform, my opponent in 2008, who had been a champion of it, and who attended these meetings, suddenly would walk away. that's what i did not anticipate. >> mr. mayor, we know the president enjoys a wide lead among hispanic voters out there but cle
the investigation, the report is up on the energy and commerce website for all to see, didn't get much press, but just startling and held much, you know, they said we're going to be transparent, but then when it came time to do the work they invited the lobbyists in, closed the door and wrote the bill. >> the administration promised that lobbyists wouldn't have any part in the administration. you're in private practice. >> i am. >> mike: obamacare will affect you dramatically. let's talk about in what ways? >> governor, this act, this law unfortunately, dismembered the very foundation of health care and that's the patient-doctor relationship. everything good about health care happens between me and my patients in an exam room, four walls, a closed door, and the government doesn't belong there. this bill-- (applause) >> well said. >> this bill invites the government not just into the room, but into the process, into the decision process. it takes away choice. it takes away privacy. i mean, imagine your records are now sent to the federal government for their perusement. it's abominable. and
taxes. paul ryan, mitt romney's running mate in 2010 at the chamber of commerce said this about the cayman islands. let's hear it. >> we don't want to have a situation where we're penalizing businesses for keeping their money, their capital and headquarters and manufacturing facilities in america. so then rather than having ireland and the kay maine islands be the place you hide your money, why don't we make it america? >> ryan is making part of a larger argument bringing money back to the u.s., but the place you hide your money, the cayman islands, the place mitt romney hides his money, setting aside the tax rate question, the loaded words, swiss bank accounts, cayman islands, and mitt romney all in one sentence together. >> it's hard to know where to start here. we actually know a lot about romney's money and where he puts it for tax purposes. and what we know about that is he puts it in places where people go to cheat. where they go to hide their money for tax purposes, swiss bank accounts, cayman islands, luxembourg one of the most notorious tax avens. we know why he's not r
quarter was an anemic 1.7%, but today, the commerce department put out a new estimate showing us it was even less than that, just 1.3%. and this is what caught our attention in the report-- the government said half of the downward revision can be blamed on the drought. it's destroying crops, including the corn in this field inula roy, illinois. and on the land clayton arnold has been farming in walker, missouri, for 40 years. a new report today on the drought says it continues to get worse. it now covers 65.5% of the lower 48, and in 21.5% of that area, the area you see in red, the drought is extreme or exceptional. so we asked anthony mason to dig further into the impact the drought isaving on our economy. >> reporter: 90 miles southwest of dallas, in aquill atexas, the drought has cut back ronnie gerik's' cotton crop severely this year. >> it impacted not just myself but all the ag industry. >> reporter: in fact, the government now says the drought is slowing the entire economy, costing the the country $12 billion in the spring. >> farmers don't have money to spend. they're not
: and the chamber of commerce sits between them. >> talk family, talk schools, talk friends, just don't talk politics. >> reporter: they subscribe to the same philosophy at the courthouse corner cafe. >> politics are kind of bad for business. >> reporter: but it doesn't always work. >> i think obama is evil. >> reporter: evil? >> personally i prefer obama. >> reporter: romney actually has a long history of nasty skirmishes. back in the civil war the town reputedly went back and forth between union and confederate forces, some 56 times. >> abraham lincoln earned himself one vote in hampshire county. >> reporter: democrats still outnumber republicans in romney by a wide margin. the town supports lots of democrats for state office but not for president and not president obama. >> i had one man tell me that oh, he ended that war. now what are all those soldiers going to do when they come home? they won't have jobs. >> reporter: so many west virginiaians dislike president obama that a convicted felon almost won the democratic primary. >> that was very embarrassing. >> reporter: lots of peo
into local commerce. similarly amazon built up hundreds of customers and had the relationship to build up books and music and all those categories. liz: i remember how they did that can they survive on books. >> they have proven that one out. liz: sim, good to see you. we'll watch you continue to prove yourself. great to see a company growing. are you hiring, really quickly? >> yeah, we continue to hire well into the foreseeable future. liz: cofounder and ceo, tim shaughnessy. david: good stuff, cheap tickets. i phone 5 sales coming in way below analyst expectations. will a drop in apple's stock continue or will it be up again tomorrow? we'll explore that next liz: most people think this is great. apple's iphone find topping sales. david: they still fell short of analyst estimates. you have the expectations if it doesn't meet it. then there's a problem. fox business's lauren simonetti has the details. >> it is expectations. it is kind of a silly story, right? they sold more than five million in opening weekends. what analysts were expecting sometimes double. if you look what gene munster
after mitt romney addressed the hispanic chamber of commerce, anne, in los angeles. obviously, a group that the republicans have said they want to make some inroads against. how serious are those comments, do you think? >> oh, i mean, look, this is going to reverberate i think with all kinds of demographic groups. it's going to reverberate with working-class white people who don't pay taxes. it's going to reverberate with women, it's going to reverberate with military families. i don't think there's any group that in some way won't either hear about what he said or see themselves somehow reflected in it, but i agree with shira. i think that given their focus has been pretty intently on the base for all this time, usually you try to do two things -- you try to win the base, turn out the base and win, peel off some independents in the middle. they're going to have to re-double their efforts if they want to go to the middle again. >> i want to bring in david corn, washington bureau chief for "mother jones." good to see you. also, author of the book "showdown." david, give us a little back
for millionaire we invest in roads, bridges and infrastructure, and under pinning of our commerce, and every chamber of commerce i met believes we need to do more of. neil: you can make a compelling argument, would you run for president? >> i'm committed to help obama win reelection. neil: i heard people say you are looking good for 2016. >> that is very nice, i have not spent a lot of time thinking about it. i appreciate you bringing it up, everyone tweets my mom --o that. neil: he did deliver a powerful speech here. it did get the crowd moving, when we come back, richard bloomenthal from connecticut. when they talk about how tight this race is, it is not only in the swing states, richard bloomenthal after this. ♪ ♪ i can do anything ♪ i can do anything today ♪ i cano anywhere ♪ i can go anywhere today ♪ la la lla la la la [ male announcer ] dow solutions help millions of people by helping to make gluten free bread that doesn't taste gluten free. together, the elements of science and the human element can solve anything solutionism. the new optimis neil: welcome back to the demo
Search Results 0 to 49 of about 63 (some duplicates have been removed)

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